1985 newspaper clipping about airlines paying £35m to Laker Airways creditors, with photo of Sir Freddie Laker

A 1985 press clipping reporting that a dozen airlines, including British Airways, agreed to pay an estimated £35 million to Laker Airways creditors to avoid legal action in the USA. The article mentions Sir Freddie Laker was offered nearly £6 million to drop legal action against the 12 companies, relating to allegations that competitors conspired to put his airline out of business.